In continuation to previous analyis, Recl had completed its 1.382 retracement and is consoladiting here. Booking another 25% profit is good idea. From chart it is seen that RECL had taken resistance at 147 ie 1.272 Fibonacci level. As soon as it was taken out RECL in 3 days reached 1.382 ie 157Rs. It can be seen from chart that RECL could consolidate b/w 147 and 157 before reaching 172 which is 1.672 Fibonacci extention level.
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.